menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    ECON MICRO
  4. Exam
    Exam 8: Perfect Competition
  5. Question
    If a Firm Shuts Down in the Short Run,its Total
Solved

If a Firm Shuts Down in the Short Run,its Total

Question 177

Question 177

Multiple Choice

If a firm shuts down in the short run,its total revenue is _____


A) zero.
B) equal to its fixed cost.
C) greater than its variable cost.
D) greater than its fixed cost.
E) less than its variable cost.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q18: A firm that minimizes average cost will

Q173: Exhibit 8.13<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1208/.jpg" alt="Exhibit 8.13

Q174: Table 8.1<br> <span class="ql-formula" data-value="\begin{array}

Q175: In Connecticut,the market for apples is perfectly

Q176: Exhibit 8.7<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1208/.jpg" alt="Exhibit 8.7

Q178: Exhibit 8.11<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1208/.jpg" alt="Exhibit 8.11

Q179: After an increase in demand in a

Q180: Exhibit 8.12<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB1208/.jpg" alt="Exhibit 8.12

Q181: If MC's Hammers,a perfectly competitive firm,finds that

Q182: Suppose a perfectly competitive increasing-cost industry is

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines